Shades of red and blue: Government ideology and sustainable development
Accepted version
Peer-reviewed
Repository URI
Repository DOI
Change log
Authors
Aidt, TS
Castro, Vitor
Martins, Rodrigo
Abstract
We study the effect of government ideology on sustainable development, measured as investment in genuine wealth, in a dynamic panel of 79 countries between 1981 and 2013. We find robust and statistically significant evidence that genuine investment grows faster under right-wing governments than under left-wing or center governments. In contrast, we find no indication of opportunistic cycles.
Description
Keywords
Sustainable development, Government ideology, Political cycles, Genuine investment
Journal Title
Public Choice
Conference Name
Journal ISSN
0048-5829
1573-7101
1573-7101
Volume Title
175
Publisher
Springer
Publisher DOI
Sponsorship
Vitor Castro also wishes to thank the financial support provided by the Portuguese Foundation for Science and Technology under the research grant SFRH/BSAB/113588/2015 (partially funded by COMPTE, QREN and FEDER).